OUTSIDE MARKETS SUMMARY:
| CORN: | 7 Higher |
| SOYBEANS: | 6 Higher |
| SOYBEAN MEAL: | $0.35 Higher |
| LIVE CATTLE: | $2.50 Higher |
| DOW JONES: | 307 Points Lower |
| NASDAQ: | 79 Points Higher |
| CRUDE OIL: | $1.60 Higher |
MIDDAY MARKET UPDATE:
The block cheese price was up half a cent today, closing at $1.3550 with four loads traded. The barrel cheese price climbed 0.25 cents at $1.36 with no loads traded. The dry whey price remained steady at 73.50 cents with no loads traded. Class III futures are 14 to 23 cents higher. The butter price launched 11.5 cents, closing at $1.5750 with seven loads traded. Grade A nonfat dry milk rallied another 4.25 cents, closing at $1.3250 with no loads traded. Class IV futures are trading 6 cents lower to 72 cents higher. Butter futures are 5.2 cents to 7.5 cents higher. Dry whey futures are 0.5 cents to 1 cent higher. Cheese futures are 1.5 cents to 1.9 cents higher.
